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Featured local agent — Wakefield-Peacedale, RI
Sarah Mitchell
Compass Real Estate · Wakefield-Peacedale, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wakefield-Peacedale, RI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$529,000median sale price
How is the Wakefield-Peacedale, RI housing market right now?
The median home sale price in Wakefield-Peacedale, RI is $529,000, down 36.5% year-over-year. Homes sell in an average of 26 days with 12 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wakefield-Peacedale a buyer's or seller's market?
Wakefield-Peacedale, RI is currently a strong seller's market, based on 0.9 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
26
Average pace
Active listings
12
0.9 months supply
Sale-to-list
101.0%
Above asking
What does the Wakefield-Peacedale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $529,000 |
| Median list price | $799,900 |
| Year-over-year price change | -36.5% |
| Average days on market | 26 days |
| Active inventory | 12 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 101.0% |
| Median price per sq ft | $358/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 11 |
| Listings with a price cut | 16.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Wakefield-Peacedale by property type?
How the Wakefield-Peacedale, RI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $717,450 | $412/sq ft | 8 | 9 days |
| Condo / Co-op | $487,500 | $358/sq ft | 3 | 53 days |
Source: Redfin · Updated monthly
The Wakefield-Peacedale housing market is currently classified as a strong seller's market with a median sale price of $529,000. Prices have fallen 36.5% compared to last year, with homes spending an average of 26 days on market, indicating 0.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Wakefield-Peacedale
There are currently 12 homes listed for sale in Wakefield-Peacedale, Rhode Island. The median listing price is $800K.
Active listings
12
Homes on market
Median list price
$800K
Avg. days on market
26
Days until sale
New this week
11
Newly listed
Which cities are near Wakefield-Peacedale, RI?
Want a head-to-head view? Compare Wakefield-Peacedale side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wakefield-Peacedale?
The median home sale price in Wakefield-Peacedale is $529,000, down 36.5% from last year.
How long do homes stay on market in Wakefield-Peacedale?
Homes typically spend 26 days on market before going under contract.
Is Wakefield-Peacedale a buyer's or seller's market?
With 0.9 months of supply, Wakefield-Peacedale is currently a strong seller's market.
What is the median condo price in Wakefield-Peacedale?
The median condo/co-op sale price in Wakefield-Peacedale, RI is $487,500, compared to $717,450 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Wakefield-Peacedale?
The median single-family home price in Wakefield-Peacedale, RI is $717,450 (about $412 per square foot).
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